УДОСКОНАЛЕННЯ БУХГАЛТЕРСЬКОГО ОБЛІКУ ОСНОВНИХ ЗАСОБІВ ПІДПРИЕМСТВ.

The source of resources for capital investments in basic assets of enterprises may be money, paid in the form of income tax. The tax load on Ukrainian enterprises in modern conditions is significant. One of the ways to reduce it is to improve the accounting of main facilities. According to the normative documents, capital investments in non-current assets are not included in the expenses of the reporting period, in the process of operation their carrying value refers to the cost of production, goods, works and services in the form of accrual of depreciation during the useful life period, which is determined when the main facilities are accounted on the balance sheet, but not less than permissible, as determined by the Tax Code of Ukraine. Such restrictions have been introduced so that enterprises do not set short operating periods, which will increase the cost of production, reduce the financial result and income tax, which must be paid to the budget. As a result of the establishment of long useful lives, production costs are reduced and increased profit and the amount of income tax. But the company’s significant tax liability diverts resources that could be aimed for diversification, development of modern technologies, renewal of basic facilities, increase of salaries, other purposes. The article studied the cost of basic assets, the degree of their depreciation, the volume of capital investment in the directions of attachment, sources of funds, regions of Ukraine and types of activities, profitability of enterprises. In practical examples reviewed the economic effect from the improvement of the methods of including the value of capital investments into the cost price, the terms of use of main facilities, and the influence of these factors on the financial result of the activities and their tax liabilities are revealed. The released funds in the form of investments in basic assets will contribute to the diversification of production, which will lead to greater volumes and, accordingly, higher revenues and taxes of enterprises, budget revenues for tax payments. The expediency of revaluation of basic assets to increase the value of assets is determined. The necessity of improving the legislative regulation in the field of main facilities accounting to create conditions for economic growth of enterprises, organizations and the state as a whole is proved. [ABSTRACT FROM AUTHOR]